Sindora Berhad a subsidiary of Kulim (Malaysia) Berhad, a member of Johor Corporation Group of Companies, was incorporated on 30 December 1972. The Company commenced its business operations in 1974 and subsequently listed on the Main Board of Bursa Malaysia on 7 December 1995. With a current paid-up capital of RM96 million, the Company’s core business is now Intrapreneur Venture with Plantation as the backbone of the Group. The growth of Intrapreneur Venture Business is primarily to improve earnings, add value and maximise returns to stakeholders. Sindora Berhad currently has ten companies under its Intrapreneur Venture Business namely; EA Technique (M) Sdn Bhd, an owner and manager of vessels and boats for charter in the oil and gas transport activities; Metro Parking (Malaysia) Sdn Bhd, a parking operator and related services company; Pro Office Solutions Sdn Bhd, data and document processing and office solutions service provider; EPASA Shipping Agency Sdn Bhd, a shipping and freight forwarding agency and logistics provider; GranuLab (M) Sdn Bhd, a manufacturer for the commercialisation of a medical device for synthetic bone graft under the name of “GranuMaSTM”; Sindora Timber Sdn Bhd, involved in timber downstream activities; Tepak Marketing Sdn Bhd, a contract manufacturer for tea blending and packaging and carbonated drinks; AmanahRaya JMF Asset Management Sdn Bhd, an asset and fund management company;
MM Vitaoils Sdn Bhd, a manufacturer of edible oils and fats products; and
- Orkim Sdn Bhd, an investment holding company with eleven subsidiaries engaged in the provision of ship owning, ship brokering and ship management in the petroleum shipping industry in Malaysia
Sindora Berhad Group is a regional player through its subsidiary, Metro Parking (M) Sdn Bhd that had established subsidiaries in Singapore, Brunei, Indonesia, Philippines, Hong Kong and India. Meanwhile, Sindora Timber Sdn Bhd had also established a subsidiary through an earthwork contracting company, General Access Sdn Bhd. Through the year, the Company remained focus on its goal of enhancing shareholders’ value for a strong and consistent financial performance with the establishment of growth strategy involving acquisitions of selected profitable enterprises that fulfilled all the stringent criteria formulated under the Intrapreneur Venture Business. Companies with the Group are aligned to a common core values and corporate culture that emphasise on continuous pursuit of entrepreneurial talent and excellence to enhance and sustain profitability and value creation for maximum returns to all stakeholders. The Plantation Business remains as the backbone of the Group with ownership of more than 6,000 hectares of oil palm and rubber plantation, and a palm oil mill. The plantation activities continue to provide stable and consistent earnings and income stream to enable the Group to embark on continuous expansion of its Intrapreneur Venture Business. |
